27 Apr '14, 7pm

1905 Woods Electric Coupe- a Chicago Original

1905 Woods Electric Coupe- a Chicago Original

1905 Woods Electric Chicago Coupe The Woods Motor Vehicle Company was organized in Chicago in 1899. From the beginning, the company was destined for success as it had considerable financial backing, including $10 million in capital stock. The list of wealthy backers included a number of Standard Oil executives and wealthy men from Toronto, Canada. New York’s August Belmont, the American financier and builder of the famed Belmont Park racetrack, was another. The company purchased the patents of Clinton E. Woods in hopes of challenging the electric-vehicle dominance of the East Coast-based Electric Vehicle Company. Woods had been designing electric vehicles since 1897 and was hired as superintended of the new company bearing his name, but was quickly ‘eased’ out of the company and returned to designing and manufacturing his owned designs by 1901. His operations soon went int...

Full article: http://gas2.org/2014/04/27/1905-woods-electric-coupe-chic...

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